Showing 1 - 10 of 203
This paper analyzes the impact of public investment on private investment in panel of 116 developing countries between … aggregate production function, there are distortions associated with the public investment process that might render a crowding … out of private investment in the course of building public capital stocks. These distortions, in turn, are more prevalent …
Persistent link: https://www.econbiz.de/10010278277
This paper evaluates the effect of shocks in government investment on private investment and national income, focusing … heterogeneous effect of public investment as regards to infrastructure. Hence, I divide government investment into infrastructure vs … evaluate the dynamic change in private investment and income. The study finds evidence of the crowding-out effect of government …
Persistent link: https://www.econbiz.de/10011807721
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt … goods should be financed only from current revenue. With investment in the stock of public infrastructure, public sector …
Persistent link: https://www.econbiz.de/10010322715
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt … should be financed only from current revenue. With investment in the stock of public infrastructure, public sector borrowing …
Persistent link: https://www.econbiz.de/10010285326
Despite the recent increase in foreign direct investment (FDI) to African countries, these resources have not had a … meaningful impact on economic development because of limited effects on domestic factor markets, especially domestic investment … and employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub …
Persistent link: https://www.econbiz.de/10010287877
remain low and investment activity is weak. This questions current economic policies of the Economic and Monetary Union … investment volume of 315 billion Euro should be made available, enabled by 21 billion Euro of public money. The budget … expansive public investment conducted through these Synergetic Financial Instruments and thus gathers information to undertake …
Persistent link: https://www.econbiz.de/10011381297
a vehicle to pool future eurozone public investment spending and to have it funded by proper eurozone treasury …
Persistent link: https://www.econbiz.de/10011545302
privatisation, they have found a solution in PPPs, which offer financing opportunities for public investment and at the same time … they reduce the burden on governments budgets. As an alternative this paper proposes a model based on investment and self … SOEs to use industrial policy as a tool to achieve independence from western powers as well as to increase investment. The …
Persistent link: https://www.econbiz.de/10011913277
investment in infrastructure in the period 1987-2001. Debt increases are associated with higher public infrastructure investment … evidence of complementarity between public and private investment and of the negative effect of IMF adjustment loans on … infrastructure expenditures. No evidence is found that debt defaults affect public investment in infrastructure. …
Persistent link: https://www.econbiz.de/10010278283
accumulating public capital and its associated public investment path in a perfect foresight general equilibrium model. The model …. Public investment is inefficient and has its absorptive capacity constraint costs. External savings clear the government …-loaded public investment path is optimal given an initial one-period resource windfall, public investment inefficiency, and …
Persistent link: https://www.econbiz.de/10014547722